Alloy shares development proposal for 240 Nassau Street

The proposal for 240 Nassau Street, a mixed-use development, includes a new public school, community center, cultural center, retail, and mixed-income housing. The project is being co-developed by NYC Educational Construction Fund (ECF), Alloy Development, and GFB Development.

Development Team

Alloy previously partnered with ECF to develop the Alloy Block project in Downtown Brooklyn, which included two new public schools: a new Khalil Gibran Academy high school and a new public elementary school. Both are now open. GFB Development was launched in 2024 by 16-year NBA veteran Taj Gibson alongside his lifelong friends Tameek Floyd and Malik Brown. Inspired by their experiences growing up in Ingersoll Houses, they founded the firm to provide stability and safe spaces – including affordable housing and recreational spaces – to historically underserved communities, including in their own neighborhood. Floyd and Brown attended PS 287 and were members of the Boys & Girls Club Navy Yard Clubhouse.

240 Nassau Program
240 Nassau Program
240 Nassau Site Plan Copy
240 Nassau Street - Site Plan
240 Nassau Aerial Looking Northeast
240 Nassau Street - Aerial Looking Northeast
240 Nassau Aerial Looking Southwest Copy
240 Nassau Street - Aerial Looking Southwest
240 Nassau Nassau Street Elevation Copy
240 Nassau Street - Elevation
3 D Render School Sml
240 Nassau Street - School
3 D Render Eric Edwards Csml
240 Nassau Street - Cultural Center

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